Learn how Rublon MFA can secure financial institutions with robust multi-factor authentication and help achieve compliance with DORA’s Article 9, which specifically underscores the importance of strong authentication like multi-factor authentication (MFA).
Scenario
A financial institution needs to enhance its cybersecurity framework to comply with the Digital Operational Resilience Act (DORA), specifically focusing on Article 9. These regulations emphasize the importance of implementing strong authentication mechanisms to protect critical ICT assets and manage risks effectively.
Challenge
DORA requires financial institutions to perform comprehensive risk assessments of their ICT assets and processes, determining where strong authentication is necessary to mitigate risks. The challenge is to implement authentication mechanisms that are robust enough to protect against threats such as phishing while being scalable across various access points including remote access, privileged accounts, and critical ICT assets. This must be done in line with the latest security best practices and leading techniques, ensuring compliance without hindering operational efficiency.
Solution
Deploy Rublon MFA to implement strong, phishing-resistant authentication mechanisms across the financial institution’s network, in line with DORA Article 9. Rublon MFA is designed to support the highest standards of security by combining multiple authentication factors from different categories: possession (e.g., a hardware token or mobile device), knowledge (e.g., a password or PIN), and inherence (e.g., biometric verification like a fingerprint or face scan). This layered approach ensures that even if one factor is compromised, unauthorized access is still prevented.
Benefits
Rublon MFA directly addresses the requirements set out in DORA by providing a strong, multi-factor authentication platform that is both comprehensive and adaptable. The solution ensures that every access point, particularly those involving remote connections, privileged accounts, and critical ICT assets, is secured with the highest level of protection. This reduces the risk of unauthorized access, data breaches, and potential financial losses. The implementation of Rublon MFA also facilitates the documentation and enforcement of strong authentication policies, as required by DORA. Financial institutions can customize their authentication strategies based on the risk classification of their ICT assets, ensuring that security measures are proportional to the potential impact of a breach.
